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What are tariffs and why is Trump using them?

2 April 2025
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What are tariffs and why is Trump using them?
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US President Donald Trump is set to announce further tariffs on 2 April, targeting all countries, in an effort to boost US manufacturing and protect jobs, despite potential price increases for consumers. Trump’s use of tariffs is part of his economic strategy to reduce the trade deficit and increase tax revenue by encouraging consumers to buy American-made goods. The new tariffs, including those on cars and car parts, are expected to disrupt US car production, raise prices for consumers, and impact global trade relationships, with potential repercussions for the UK’s exports to the US.

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